Diokno: Productive spending key to sustaining growth

Finance Secretary Benjamin E. Diokno shared the government’s commitment to productive spending through investments in infrastructure that will boost economic growth during the Manila Times Midyear Economic Forum, entitled "The…

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PH, World Bank sign loan agreements to support econ recovery, agriculture, education, and sustainability

Finance Secretary Benjamin E. Diokno and World Bank (WB) Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the Department of Finance (DOF) office in Manila to finance various government initiatives aimed at accelerating economic recovery, strengthening climate resilience, improving the quality of education, and developing the agriculture and fisheries sectors.

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Economic team and the Armed Forces of the Philippines cap military pension consultations, agree to find policy consensus

The economic team, in cooperation with the Department of National Defense (DND) and the Office of Senator Jinggoy Estrada, Chairperson of the Senate Committee on National Defense and Security, Peace, Unification and Reconciliation, has successfully completed thirteen (13) consultative meetings with all branches of the Armed Forces of the Philippines (AFP) from May 25 to June 21, 2023.

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DILG Secretary Abalos gathers uniformed personnel chiefs for in-depth discussions with econ team on MUP pension reforms

Representatives from the Bureau of the Treasury (BTr), Department of Finance (DOF), and Government Service Insurance System (GSIS) engaged in another courtesy call with Department of the Interior and Local Government (DILG) Secretary Benhur Abalos on June 19, 2023 at the Philippine National Police (PNP) National Headquarters in Camp Crame, Quezon City. Secretary Abalos gathered the chiefs of the uniformed personnel to meet the economic team and discuss the military and uniformed personnel (MUP) pension reform.

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PH joins global push on financing for sustainable development

The Philippines joined Addis Tax Initiative (ATI) partner countries and organizations to renew the global momentum in financing for sustainable development during the ATI General Assembly in Lusaka, Zambia on…

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Econ team pays courtesy call to new Defense Secretary Teodoro Jr., discusses MUP pension fund’s governance structure

Representatives from the Department of Finance (DOF), Bureau of the Treasury (BTr), and Government Service Insurance System (GSIS) paid a courtesy visit to newly appointed Department of National Defense (DND) Secretary Gilberto C. Teodoro, Jr. on June 19, 2023 at Camp General Emilio Aguinaldo, Quezon City to discuss the military and uniformed personnel (MUP) pension reform, particularly the fund’s governance structure.

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Extractive Industries Transparency Initiative launches new standards at Global Conference

Department of Finance (DOF) Undersecretary and Philippine Extractive Industries Transparency Initiative (PH-EITI) Chairperson Maria Cielo D. Magno led the PH-EITI delegation during the launch of the 2023 EITI Standard at the 2023 EITI Global Conference from June 12 to 15, 2023 in Dakar, Senegal.

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PH signs MOU with Indian Gov’t to enhance cooperation in FinTech

Finance Secretary Benjamin E. Diokno and Ambassador of India to the Philippines Shambhu Santha Kumaran signed a memorandum of understanding (MOU) on June 19, 2023 at the Department of Finance (DOF) office in Manila to enhance cooperation between the Philippines and India in the field of Financial Technology (FinTech).

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BJMP welcomes econ team for consultations vital to crafting pension reform bill

The Bureau of Jail Management and Penology (BJMP) welcomed the economic team to conduct consultations vital to crafting the pension reform bill for military and uniformed personnel (MUP) on June 13, 2023 at the BJMP National Headquarters in Quezon City.

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